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US Manufacturing PMI due out today [Video]

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Canadian Economy and Markets

US Manufacturing PMI due out today

Tesla (#TSLA) has rolled out new incentives in China, which could weigh on the company’s stock price.

The US Core PCE rate on a yoy level for January came in as expected, implying easing inflationary pressures which could weigh on the dollar.

Canada’s GDP rate on an annualized basis for Q4 came in better than expected, which appears to have supported the Loonie following the release.

China’s Caixin Manufacturing PMI figures came in better than expected, which could support the CNY and AUD.

The US ISM and S&P Manufacturing PMI figures for February are expected to provide support for the greenback.

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